The Role of Trade in Ending Poverty looks at the complex relationships between economic growth, poverty reduction and trade, and examines the challenges that poor people face in benefiting from trade opportunities. Written jointly by the World Bank Group and the WTO, the publication examines how trade could make a greater contribution to ending poverty by increasing efforts to lower trade costs, improve the enabling environment, implement trade policy in conjunction with other areas of policy, better manage risks faced by the poor, and improve data used for policy-making.

This book provides practical policy recommendations that are useful for developing Asia and for accelerating poverty reduction plans in the rest of the world. Poverty reduction in all its forms remains one of the greatest challenges facing humanity. In developing Asia, rapid growth in countries and sub-regions such as China, India, and Southeast Asia has lifted millions out of poverty, but progress has been uneven. On the other hand, the current coronavirus (COVID-19) pandemic and the global economic recession that it has caused are pushing millions of people back into poverty. Poverty reduction, inclusive growth, and sustainable development are inseparable, and poverty reduction is the premise for sustainable development. The Sustainable Development Goals (SDGs) are a bold commitment to finish what we started and end poverty in all forms and dimensions by 2030. However, because of the current global recession, the world is not on track to end poverty by 2030. Given the aforementioned situation, if we plan to achieve the no-poverty target in line with the SDGs, governments need to reconsider their policies and economies need to allocate their resources for this aim. Owing to the importance of the topic, this book provides several thematic and empirical studies on the roles of small and medium-sized enterprises, local businesses and trusts, international remittances and microfinance, energy security and energy efficiency in poverty reduction, and inclusive growth.

Understanding how to sustain the services that ecosystems provide in support of human wellbeing is an active and growing research area. This book provides a state-of-the-art review of current thinking on the links between ecosystem services and poverty alleviation. In part it showcases the key findings of the Ecosystem Services for Poverty Alleviation (ESPA) programme, which has funded over 120 research projects in more than 50 countries since 2010. ESPA’s goal is to ensure that ecosystems are being sustainably managed in a way that contributes to poverty alleviation as well as to inclusive and sustainable growth. As governments across the world map how they will achieve the 17 ambitious Sustainable Development Goals, most of which have poverty alleviation, wellbeing and sustainable environmental management at their heart, ESPA’s findings have never been more timely and relevant. The book synthesises the headline messages and compelling evidence to address the questions at the heart of ecosystems and wellbeing research. The authors, all leading specialists, address the evolving framings and contexts for the work, review the impacts of ongoing drivers of change, present new ways to achieve sustainable wellbeing, equity, diversity, and resilience, and evaluate the potential contributions from conservation projects, payment schemes, and novel governance approaches across scales from local to national and international. The cross-cutting, thematic chapters challenge conventional wisdom in some areas, and validate new methods and approaches for sustainable development in others. The book will provide a rich and important reference source for advanced students, researchers and policy-makers in ecology, environmental studies, ecological economics and sustainable development. The Open Access version of this book, available at https://www.taylorfrancis.com/books/e/9780429016295, has been made available under a Creative Commons Attribution-Non Commercial-No Derivatives 4.0 license.

The Sustainable Development Goals (SDGs), adopted in 2015, are expected to chart a course for development over the next 15 years. The 17 SDGs cover poverty, health, sustainable development, and the environment, among others, but not trade. This book shows that international trade can contribute to achieving all SDGs. It maps out a triple-win scenario where good trade policy (i) spurs international trade, (ii) contributes to development, and (iii) helps achieve the SDGs.

Inclusive Green Growth: The Pathway to Sustainable Development makes the case that greening growth is necessary, efficient, and affordable. Yet spurring growth without ensuring equity will thwart efforts to reduce poverty and improve access to health, education, and infrastructure services.

While trade exacerbates climate change, it is also a central part of the solution because it has the potential to enhance mitigation and adaptation. This timely report explores the different ways in which trade and climate change intersect. Trade contributes to the emissions that cause global warming and is itself also affected by climate change through changing comparative advantages. The report also confronts several myths concerning trade and climate change. The Trade and Climate Change Nexus: The Urgency and Opportunities for Developing Countries focuses on the impacts of, and adjustments to, climate change in developing countries and on how future trade opportunities will be affected by both the changing climate and the policy responses to address it. The report discusses how trade can provide the goods and services that drive mitigation and adaptation. It also addresses how climate change creates immense challenges for developing countries, but also new opportunities to promote trade diversification in the transition to a low-carbon world. Suitable trade and environmental policies can offer effective economic incentives to attain both sustainable growth and poverty reduction.

This edition focuses on trade connectivity, which is critical for inclusiveness and sustainable development. Physical connectivity enables the movement of goods and services to local, regional and global markets.